American Shipyard Investment Act of 2026

This bill would create a new federal tax credit for building shipyard facilities in the United States, including its territories. The credit would equal 25 percent of the cost of qualifying property placed in service at a facility mainly used to build or repair commercial or military ships, or to make critical ship components or shipbuilding equipment. The credit would rise to 35 percent for facilities in designated opportunity zones. Businesses could choose to receive the credit as a direct payment or transfer it to another taxpayer, and the credit would end for property placed in service after December 31, 2033.

Full text and official record on Congress.gov

Sponsors

• Nathaniel Moran Republican sponsor
• 3 cosponsors